Topic: South Africa

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The BRICS group of emerging market nations will look at ways of pressuring the West to redress global economic imbalances amid growing frustration at the pace of change in institutions such as the IMF at a meeting in Delhi on Thursday.

Ratings agency Standard & Poor's warned it may downgrade "a number of highly rated" Group of 20 countries from 2015 if their governments fail to enact reforms to curb rising healthcare spending and other costs related to aging populations.

Petra Diamonds has sold a 4.8 carat blue diamond for $1.45 million, the highest amount it has achieved per carat for any rough diamond, the company said on Wednesday ahead of its move up to London's main stock market.

Many luxury goods have existed for centuries and enjoyed widespread popularity despite official bans, and stiff penalties and long prison sentences for those found trafficking in or purchasing such goods. What are some in-demand luxury goods that have been banned?

The recent risk-off environment brought on by Europe's debt crisis may have affected fund flows into emerging markets bonds, but the tide will soon turn, says one economist, as investors put off by developed markets return in search of higher yields.

Weakness in the Japanese yen is ahead for the long-term, as a 40-year long-term cycle which has seen the yen's exchange rate appreciating against the dollar is about to see a major reversal, Ron William, a technical strategist at MIG Bank, told CNBC.com.